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The crowd at Blockchain Africa Forum.

What is Blockchain?

February 16, 2017 • Finance, Top StoriesComments (1)

Deloitte hosted the Blockchain Africa Forum on the 15th of February at their offices in Woodmead, Johannesburg. Deloitte brought in their Blockchain experts from their Grid EMEA Blockchain Lab in Ireland to help de-mystify one of the most controversial and highly debated topics in technology. Leaders of industry from a variety of fields were in [&hellip...

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Mastercard, Unilever launch digital lending platform for startups

Mastercard to empower 150 000 MSME’s in Kenya

February 14, 2017 • East Africa, Finance, Online & Social, Top StoriesComments Off on Mastercard to empower 150 000 MSME’s in Kenya

Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR. The mobile driven, Person-to-Merchant payment solution will be introduced through various financial...

The expedient rise of a cashless society and how this is disrupting banking

Changing the face of banking, Brian Richardson of Wizzit

February 9, 2017 • Finance, People, Southern Africa, Top StoriesComments Off on Changing the face of banking, Brian Richardson of Wizzit

Brian Richardson, CEO and Founder of Wizzit International, sat down with IT News Africa for an exclusive interview on the future of banking on the African continent as well as the biggest digital disruptions that could affect banking in 2017. Wizzit...

Paga and NIPOST to provide robust

Nigerian price comparison site acquired by Silvertree

February 9, 2017 • Finance, Southern Africa, Top Stories, West AfricaComments Off on Nigerian price comparison site acquired by Silvertree

Nigerian price comparison site, TopCheck, has been acquired by Africa’s leading Internet Platform, Silvertree Internet Holdings, for an undisclosed amount. In 2016 the website recorded fast growth, processing up to 10 million USD (3 billion Naira)  in...

The deVere Group is advising investors to exercise caution as the market remains volatile.

South Africa to issue national digital currency?

February 8, 2017 • Finance, Southern Africa, Top StoriesComments Off on South Africa to issue national digital currency?

The South African Reserve Bank (Sarb) is open to the idea of issuing a national digital currency based on Blockchain or Distributed Ledger Technology (DLT), th according to a report by MoneyWeb. Head of National Payments System at Sarb, Tim Masela said that...

Sicily Kariuki, Public Service, Youth and Gender Affairs secretary (right) and Simon Kimutai, Matatu Owners Association chairmen (left)  (image: Huduma)

Huduma smart cards to connect Kenyans

February 7, 2017 • East Africa, Finance, Retail, Top StoriesComments Off on Huduma smart cards to connect Kenyans

Mastercard has committed to supporting Huduma in rolling-out a smart card that aims to connect all citizens to the formal financial sector to drive efficiency and transparency as part of their 2030 goals. The Huduma Card is a prepaid card with chip and PIN...

Michael Bowren, CEO and co-founder of Fincheck.co.za

(Source: Moneyweb)

Bridging inequality through a cashless economy– lessons for SA

February 6, 2017 • Finance, Opinion, Southern AfricaComments (1)

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with high potential to ‘go cashless’, and by subsidising smart phones....

Daniel Monehin, division president of Mastercard Sub Saharan Africa

Atlas Mara and Mastercard to provide financial access to millions

February 2, 2017 • Finance, Online & Social, Top StoriesComments Off on Atlas Mara and Mastercard to provide financial access to millions

Atlas Mara and Mastercard have formed a partnership with an aim to build a stronger digital payment ecosystem with a focus on accelerating financial inclusion in sub-Saharan Africa. The partnership will enable 20 million customers and 100, 000 merchants to be...

Brian Richardson, CEO of WIZZIT International.

Banks should embrace the third party or leave the party

February 1, 2017 • Finance, OpinionComments Off on Banks should embrace the third party or leave the party

Why financial service providers should bend not break when it comes to innovation. Banking is a highly regulated market, with little space for differentiation. What started out as smart ploys to attract deposits has led to a diversification race. One bank...

Dominique Collett , senior investment executive at Rand Merchant Investments.

Major developments expected for fintech in 2017

January 31, 2017 • Finance, OpinionComments (1)

From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital banks On the banking front, 2017 will be the year...

Fintech hackathon to support South Africa’s entrepreneurs

Future of finance for small businesses in 2017

January 26, 2017 • Cloud Computing, Finance, Opinion, Top StoriesComments Off on Future of finance for small businesses in 2017

How we finance and manage our business in today’s South Africa is changing thanks to the increasingly important role of technology. Key developments in financial technologies are freeing small businesses and entrepreneurs from the evils of spreadsheets,...

Brian Richardson CEO of WIZZIT International.

Digital disruptors to watch in 2017

January 25, 2017 • Finance, Opinion, Top StoriesComments Off on Digital disruptors to watch in 2017

In the lurid space where financial and digital innovation intersect, disruptors are booming. They’ll continue to cause upheaval in 2017 and make their mark in a landscape that’s becoming progressively challenging to navigate. Here’s my prediction of the...

Ade Ayeyemi, CEO Ecobank Group and Amr Kamel, GM Microsoft.

Microsoft, EcoBank aim to drive digital transformation in Africa

January 25, 2017 • Education, Finance, Top StoriesComments Off on Microsoft, EcoBank aim to drive digital transformation in Africa

Microsoft and Ecobank Transnational Incorporated, parent company of pan-African banking group Ecobank signed a memorandum of understanding (MOU) to complement African governments’ efforts to modernise and raise the standards of the continent’s major...

Shell customers will be able to pay for their fuel using Orange Money.

Vivo Energy, Orange money announce partnership

January 24, 2017 • Finance, Mining & Energy, Top StoriesComments Off on Vivo Energy, Orange money announce partnership

Vivo Energy a licensee of Shell in Africa, has partnered with Orange money to offer customers the option of paying for services with mobile money. Orange money customers will be allowed to cash in and cash out money at any Shell station operated by Vivo...

Andrew Baker, Chief Information Officer: Corporate and Investment Banking at Barclays Africa.

Bringing crowdsourcing into banks’ tech development teams

January 24, 2017 • Big Data, Finance, Opinion, SoftwareComments Off on Bringing crowdsourcing into banks’ tech development teams

Within today’s challenging business environment, companies need to utilise technology to make their business processes more flexible, adaptable, and responsive to market changes, disruption, and ever-evolving customer expectations. In the local software...

Success story for South African fintech company

4 key lessons for banks pursuing mobile innovation in 2017

January 24, 2017 • Finance, Mobile and Telecoms, OpinionComments Off on 4 key lessons for banks pursuing mobile innovation in 2017

At the start of a new year fraught with uncertainty on many levels, leaders in the local banking and financial spheres are looking to gain any competitive advantage they can. As Internet access and smartphone penetration make exponential gains in South Africa...